Two Ways Down

Sep 7, 2019

Google Trends is waning. Liquidity is waning too. Market mover buy-ins will push price up too much up before Bakkt, and when Bakkt arrives, they have a better alternative. We're pretty much at the 70% mark. It's break or break.

Sep 13, 2019

Trade active

If it doesn't break up, it would seem like it's going for the second way down. Let's see if it breaks through that floor on the way down, or if it will make another bounce.

Sep 24, 2019

Trade active

Took a bit longer than expected, and umm it's gone a bit longer down than I expected too. Dayum! :D

Sep 24, 2019

Trade closed manually

Ok, I'm not confident that we'll go longer down. D 200 SMA is support, and price tends to dip before a new ATH. As long as it keeps above the D 200, we're golden.

May 7, 2021

Note

Ahaha, Bitcoin took the third way lol. It kept teasing outside the descending triangle. "Here, boy, we're breaking out now!" Only to take everyone who took the bait into the crypto abyss.